“I believe it is incumbent on the Cloud Service Providers (CSPs) and/or System Integrators (SIs) to understand the regulatory and compliance-related issues that their customers face,” noted Manjula Talreja, VP of Global Cloud Business Development at Cisco, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “Of course these issues are different in each industry and in each country.”
Cloud Computing Journal: The move to cloud isn't about saving money, it is about saving time - ...| By Marketwire . | Article Rating: |
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| January 24, 2013 08:01 AM EST | Reads: |
238 |
NEW YORK, NY -- (Marketwire) -- 01/24/13 -- KnowRe (www.knowre.com), an innovative education technology company developing an online adaptive learning service for mathematics, announces the closing of its $1.4 million investment round from SoftBank Ventures Korea ("SBVK"). The financing comes shortly after KnowRe was awarded Grand Prize by Google and Korean governmental agencies (KISA and KCC) at Global K-Startup, a competition amongst 246 companies aimed at finding and supporting the next generation of global-ready startups. KnowRe is also a member of the first class of SparkLabs, a startup accelerator supporting Korean entrepreneurs looking to grow outside of Korea.
Sean Lee from SBVK commented, "We were impressed by the team's passion for education, prowess in technology and the latent possibilities in the digital math education market. We look forward to helping cultivate KnowRe into a digital math service for students around the world."
Founded by a team of educators and technologists, KnowRe's patented technology assesses students' strengths and weaknesses and develops a personalized curriculum that adapts in real-time as they progress. KnowRe also engages students with math learning through an attractive, gamified user experience.
"We took our years of experience as math instructors and running a math academy in Seoul, South Korea to digitalize our offline methodology. Our focus has always been to discover students' weaknesses and help resolve the problems they face when learning mathematics," said YJ Kim, CEO and Co-founder of KnowRe.
"As we look to build out our business in the US, we are extremely delighted to have this support from SoftBank Ventures Korea. This financing will help KnowRe to continue developing top-rate proprietary content and technology, and deliver our service to teachers, parents and students in the US," added David Joo, COO and Co-founder.
KnowRe plans to launch their open beta service in the US during the first quarter of 2013.
About KnowRe:
KnowRe is an educational technology company developing an innovative online adaptive learning service for mathematics. KnowRe assesses an individual's strengths and weaknesses, personalizes a curriculum for each student's focus areas and engages students through game-like features, attractive graphics and social learning. KnowRe believes in the importance of a good education, the need for personalization in our educational system and that technology is the most effective tool to help bring about these goals.
About SoftBank Ventures Korea:
Established in 2000, SoftBank Ventures Korea has formed more than 10 funds and has invested approximately 274 million USD, equivalent, across 130 startup companies (2012 2H). SBVK is a venture capital subsidiary of SOFTBANK Group, one of the largest technology and telecommunications corporations in the world, focused on mobile communications, broadband infrastructure, fixed-line telecommunications, and internet culture. SBVK is committed to investing in and supporting companies and entrepreneurs with disruptive technologies and innovative ideas to change the world.
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For more information, please contact:
Gloria Lee
press@knowre.com
KnowRe
175 Varick Street, Floor 3
New York, NY 10014
http://www.knowre.com
Twitter: @knowremath
Published January 24, 2013 Reads 238
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“Regulations and compliance are key trust topics with regards to cloud solutions and technology,” noted Sven Denecken, Vice President, Strategy and Co-Innovation Cloud Solutions, SAP AG, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “But it is also more than security of access – it is portability of data and a clear definition of where the data resides.”
Cloud Computing Journal: The move to cloud isn't about saving money, it is about saving time – agree or disagree?
Sve...
Many organizations want to expand upon the IaaS foundation to deliver cloud services in all forms – software, mobility, infrastructure and IT. Understanding the strategy, planning process and tools for this transformation will help catalyze changes in the way the business operates and deliver real value.
IT has more opportunities than ever before with the growth in users, devices, data and secure cloud services. This creates not only a more enriching experience for users, but more opportunities for businesses. The key to capitalizing on these opportunities is to have the right tools in place to help scale operations. In his Day 3 Keynote at 12th Cloud Expo | Cloud Expo New York [June 10-13, 2013], Intel's Rob Crooke will describe the range of products that Intel provides to support different usa...
One of the cloud’s biggest draws is the capability to virtualize computing resources, allowing it to be consumed with the click of a mouse. But behind that simple click is an enormous infrastructure challenge that has recently been cited as a major cause for slower enterprise adoption. Enterprises can better prepare for this shift and take full advantage of future computing benefits. Between architecture design and migration planning, the road can be long, so what do you do with your talent?
I...
In the old world of IT, if you didn't have hardware capacity or the budget to buy more, your project was dead in the water. Budget constraints can leave some of the best, most creative and most ingenious innovations on the cutting room floor. It’s a true dilemma for developers and innovators – why spend the time creating, when a project could be abandoned in a blink? That was the old world. In the new world of IT, developers rule. They have access to resources they can spin up instantly.
A hyb...
INetU, the industry's experts in complex hosting and a global provider of business-centric managed cloud and application hosting, has announced that Cloud Architect Rich Hand will be presenting "Private Cloud, Public Cloud - Is There a Third Option?" at the 12th International Cloud Expo taking place June 10-13, 2013 in New York City.
As more enterprise IT departments move into the cloud, many executives are evaluating whether to adopt a Public or Private cloud. The cost benefits of the Public ...
“I’m careful when using terms like Big Data, because it can mean so many things to different people,” explained Eric Hanselman, Chief Analyst at 451 Research, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “There is huge value in analytics that companies can use to pull intelligence from a collection of data sources that are available in their businesses. The inexpensive storage that cloud services can offer make a great environment to pull together siloed data.”
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